MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
4 hedge funds and large institutions have $3.94M invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 2 closing their positions.
17% more capital invested
Capital invested by funds: $3.36M → $3.94M (+$585K)
0.59% more ownership
Funds ownership: 1.74% → 2.34% (+0.59%)
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.26M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$1.05M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$570K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$52.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$1.86M |
| 2 |
VWM
Venturi Wealth Management
Austin,
Texas
|
-$1.69K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
1
Independent Financial Group
San Diego,
California
| $1.74M | +$1.05M | +27,835 | +118% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.63M | +$1.26M | +33,454 | +225% |
|
|
3
Citadel Advisors
Miami,
Florida
| $513K | +$570K | +15,187 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $61.7K | +$52.5K | +1,399 | +325% |
|
|
GFA
5
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
| – | -$1.86M | -48,300 | Closed |
|
|
VWM
6
Venturi Wealth Management
Austin,
Texas
| – | -$1.69K | -44 | Closed |
|
FNGO Hedge Fund Activity: Q3 2023 in Review
4 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q3 2023, worth a combined $3.94M — up 17% from $3.36M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNGO and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.26M. The largest seller was Gallagher Fiduciary Advisors, exiting entirely with an estimated $1.86M sold.
- 4 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q3 2023, down from 5 in Q2 2023.
- Funds reported $3.94M of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q3 2023, up 17% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q3 2023 was Susquehanna International Group, an estimated $1.26M added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q3 2023 was Gallagher Fiduciary Advisors, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2023.